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Latest european plastics news

Companies

06.09.2024 MERAXIS  Plastics distributor partners with AI start-up focused on materials innovation

05.09.2024 RECTICEL  H1 sales, profits jump due to acquisition / Quarterly result increases despite weakening economy

05.09.2024 EVONIK  Sale of superabsorbents to ICIG completed / Third and final divestment round ahead

05.09.2024 RÖCHLING Recycling capacity at German plant to be quadrupled

03.09.2024 LEGO Toy manufacturer reports upward financial trend / New plants being built in US, Asia

02.09.2024 TEKNIA Auto parts supplier maintains flat profitability in H1 despite shrinking sales, core profit

02.09.2024 GRUPA AZOTY  Slump in sales slowed / Propylene, PP plant in Police back in action

02.09.2024 COVESTRO  Adnoc completes due diligence / Concrete takeover bid likely before September end?

02.09.2024 ORLEN UNIPETROL  Bomb detonated in controlled explosion in Czech Republic / Timeline on lifting of force majeure unclear

02.09.2024 BASF  Closure of German plants for PA precursors planned / 180 employees affected

02.09.2024 JINDAL POLY FILMS Significant expansion of BOPP film production in India

30.08.2024 ORLEN  Petrochemicals business remains in the red / Group earnings also collapse

30.08.2024 SHINTECH  Plans for second ethane cracker in US / Backward integration for PVC sought

30.08.2024 DOW  Technology additions at innovation hub / Move to help develop circular packaging options

30.08.2024 EURO PLANT TRAY Series production of reusable plant trays commences

29.08.2024 PETROCHEMICAL MARKETS  Polypropylene: Braskem announces force majeure on production in Germany

29.08.2024 MITSUBISHI CHEMICAL  Possible delay in EVOH expansion in UK

28.08.2024 ADVAL TECH  Automotive supplier deeper in red / Sales under pressure

28.08.2024 DECEUNINCK  Downward trend in sales volumes continues / Recovery unlikely in H2

28.08.2024 COVERIS Packaging maker ramps up production of anti-theft security labels / 45,000 cases per day of shoplifting reported in England, Wales

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People

05.09.2024 ARKEMA Major rejig on board of chemicals group

22.08.2024 HUNTSMAN Jan Buberl takes over management of Performance Products division

31.07.2024 MESSE DÜSSELDORF Operative MD Wienkamp to retire / Long-time divisional manager of K trade fair

16.07.2024 HUSKY Company founder Robert Schad passes away

10.07.2024 ALBIS French branch gets new managing director

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Markets

06.09.2024 LOGISTICS  UK plans to nationalise rail transport / ONE, SeaLead launch weekly Red Sea service

06.09.2024 PLASTICS AND ENVIRONMENT  EMF members increase use of recycled content in packaging by 44% in six years / Challenges persist on expanding infrastructure and recycling films, flexibles – progress report

06.09.2024 CIRCULAR ECONOMY UK SMEs need more support to meet sustainability targets – survey

05.09.2024 BELARUS  Petrochemical industry strong despite sanction pressure – experts / Export logistics key challenge / Sea terminal in Russia to aid sales to third countries

02.09.2024 AUTOMOTIVE INDUSTRY EUROPE  Ordering of auto components to remain stable at best until end of year / Advanced vehicle age raises hopes of an upturn / Chinese car manufacturers to build new plants in Europe / Will lithium for batteries be in short supply from 2030?

30.08.2024 EUROPEAN ECONOMY  Eurozone inflation hits three-year low / Experts forecast interest-rate cuts / Growth concerns remain

30.08.2024 LOGISTICS  Sluggish orders cause freight rates to languish / Protests at Port of Hamburg over possible MSC takeover

30.08.2024 EUROPEAN CAR INDUSTRY  EU registrations edge higher in July / EV market share remains above 50% / Are tariff threats already hurting Chinese carmakers?

29.08.2024 TURKEY  Production, domestic sales decline in first half / Exports rise / Full-year forecast sees no reverse in downturn

28.08.2024 RECYCLING USA  Bottle collection rates trend lower / Nonprofit calls for modernisation, implementation of deposit return programmes

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Production and Engineering

29.08.2024 BIODEGRADABLE PACKAGING Tipa, Fresh-Lock partner on compostable closures

21.08.2024 LDPE RECYCLING  Research into mechanical and chemical reclaim for ‘best possible' recyclate quality / Joint industrial project

15.08.2024 PU FOAM  Development of thermal insulation foam from bio-polyols made of cherry seeds – research

15.08.2024 BIO-FED Biobased PP compounds developed for durable applications in injection moulding, extrusion

09.08.2024 LYONDELLBASELL PA compound for automotive interior structural applications

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Industry

05.09.2024 PLASTICS AND ENVIRONMENT  Marine litter could lead to damages worth EUR 178 bn by 2030 / Roadmap sets out steps to protect world's oceans – Allianz report

04.09.2024 UK PACKAGING  Tax revenue falls by 6% on lower volumes / Amount of exempted packaging climbs

02.09.2024 SLOVAKIA Businesses protest tightening state control over DRS operations

29.08.2024 PACKAGING UK Government spells out how EPR fees could work

28.08.2024 WASTE-EXPORT FRAUD  17 arrested in the UK / ‘Rogue operators' exploit PRN system

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